There is no better evidence of the impact of Twitter on social media and markets than a single tweet that sends billions of dollars to the market of three different companies in just minutes.
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Is Cash Trash This Should Be Your Cash Allocation in a Bear Market
Stock
Cash serves an important purpose in many investment portfolios, but as the stock market fluctuates, many investors turn to investment to avoid losses. However, depending on the reason, moving all your investments from stocks to stocks can be a huge mistake. Even during the bear market, holding a heavy portfolio can cost you more money than you realize. Instead, consider spending money and allocate only a portion of your money to this category of assets. A financial advi...
Avoid UiPath Stock Until It Gets Back on the Right Trail
Stock
Nasdaq bear market disrupts UiPath stock performance In hindsight, UiPath's (NYSE: PATH) business sounds like a new distraction. Robotic process automation, or RPA, handles repetitive tasks that can make digital transformation real. But the UiPath stock does not buy well here. But what about it? Why has PATH stock dec...
Driving the news: Elon Musk's tweet that his Twitter replacement agreement was "temporarily suspended" sent to Wall Street on Friday. Investors were beginning to grow skeptical of Musk's bid, but the chance for him to move sent Twitter shares dropped by more than 20% before the market opened.
Musk's clarification on Twitter two hours later that he was "committed" to the purchase gave the stock a pop, but stocks are still closing about 10% near the market.
Be Smart: Musk's tweet had a negative impact on many companies, including Tesla, who saw shares jumping around 6% with the possibility that Musk might not be the interim CEO.
Shares at DWAC, an empty check company that plans to take over former president Donald Trump's social media platform, Truth Social, have also had the opportunity to offer Elon bail on the deal.
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Courtesy Grizler.com
